STATS ChipPAC   

STATSChP

Anyone hear any news yet? Buy or no buy? Thks

 

Finally coming . Hoot it until 60

 

Why the price still 43c ? if talk fail will go back to 22c previously ?..high risk little return ?(2c)

tch77_pt75      ( Date: 22-Dec-2014 08:16) Posted: Hopefully. Anyway, the takeover price per share is not attractive! e33cider      ( Date: 20-Dec-2014 23:01) Posted: Negotiation extended again to 31 Dec...hope they bundle in other assets, if not no point wasting time.

 

reuters

eiffel      ( Date: 21-Dec-2014 13:48) Posted: Hi Msport, Where did your article come from? thanks

 

Hopefully. Anyway, the takeover price per share is not attractive!

e33cider      ( Date: 20-Dec-2014 23:01) Posted: Negotiation extended again to 31 Dec...hope they bundle in other assets, if not no point wasting time.

 

Hi Msport,

Where did your article come from? thanks

 

 

Obviously both parties cannot agree on anything.... like chicken and duck Playing a fool... wonder why SGX or SICC dont put a stop to this masquerade??? Appears to me... deliberate market manipulation albeit within the rules but End result is to depress the price for predator... any stupid fool can see it. Reason is why??? And who stand to benefit in the end.. again the answer Is obvious... Definitely not minority shareholders.

e33cider      ( Date: 20-Dec-2014 23:01) Posted: Negotiation extended again to 31 Dec...hope they bundle in other assets, if not no point wasting time.

 

Negotiation extended again to 31 Dec...hope they bundle in other assets, if not no point wasting time.

 

Hong Kong (TRLPC)
(Corrects JCET' ' s bourse in paragraph 12) December 17, 2014 - basis point - Jiangsu Changjiang Electronics Technology Co Ltd (JCET) has mandated Bank of China on an about US$150-200m bridge loan to back its proposed acquisition of ofSingapore-listed semiconductor maker STATS ChipPAC Ltd, sources said. JCET proposed to acquire all shares in peer STATS ChipPAC for US$780m on November 6 and started exclusive negotiations with STATS ChipPac' ' s majority shareholder, Temasek-owned edSingapore Technologies Semiconductors Pte Ltd, since then, according to announcements from the two companies. JCET said it would offer S$0.452 (US$0.346) each to buy all the outstanding shares of STATS ChipPAC. The deal gives STATS ChipPAC an anenterprise value of US$1.8bn, including debt, Reuters reported on November 6. BOC will most likely provide the short-term bridge loan on a sole basis, but it could also invite select lenders to join the deal. The financing plan will be finalised by bythe end of the month. The bridge loan accounts for roughly a fifth of STATS ChipPAC' ' s current market capitalisation of S$929m, although the state-owned bank has underwritten a much bigger amount, said a source familiar with the matter. The loan size zewas scaled back after JCET obtained funds from China' ' s National Integrated Circuit Industry Fund, which was established on September 24 this year, the source said. JCET said in a December 5 announcement it will use cash for the acquisition. . Meanwhile, STATS ChipPAC is also looking to raise about US$800m through a loan to refinance outstanding debt, sources said. Deutsche Bank is working on the deal, and DBS Bank could also be involved, the sources added. JCET declined to comment. STATS TSChipPAC could not be reached for comment. The period for exclusive talks between the two parties ends on December 20, extended from the original November 30 and is subject to further extension, JCET said on December 5. Established in 1972, the heShanghai-listed JCET is one of China' ' s leading integrated circuit assembly and testing and semiconductor packaging companies. Trading of its shares was suspended on November 7 and the suspension will continue from December 8 onwards for up to a month, h,it said on December 5. JCET' ' s total assets stood at Rmb10bn (US$1.6bn) at the end of September, up 32% from the end of 2013. Its net profit for the first three quarters was Rmb127m. JCET acquired a majority stake in Singapore-based APS Investment PtePt Ltd in 2009. The latter, through its operating subsidiary Advanpack Solutions Pte Ltd and its joint ventures, provides integrated flip chip solutions to semiconductor makers. STATS ChipPAC is a leading provider of semiconductor packaging and testing ngservices with total assets of US$2.6bn at the end of the third quarter. It reported a 1.5% quarter-on-quarter fall in revenue in the third quarter of 2014 to US$404m and a net loss of US$35.42m for the nine months ended September. Citigroup is isadvising STATS ChipPAC on the M& A deal. CICC and Deutsche Bank are the financial advisers to JCET, Reuters reported. Kane Wu Phone: (852) 2912 6684 (Editing by Prakash Chakravarti and Luis Morais) 

 

 

This is a good coy, with no insiders trading, can see from last round, price 0.452 but ppl buying at 0.60.

Anyway price will be supported by offer price 0.452, and still got other assets no sell.

DYODD

ysh2006      ( Date: 17-Dec-2014 15:49) Posted: Very secretive until now no leak out whether yes selling or no. counter offer also no look like TH don't sell loh, if not price below MA price?... everstrong      ( Date: 17-Dec-2014 15:15) Posted: deadline is 20-Dec-14 (Sat), 5pm.. I have no high hopes on this counter.. :(

 

Very secretive until now no leak out whether yes selling or no. counter offer also no look like TH don't sell loh, if not price below MA price?...

everstrong      ( Date: 17-Dec-2014 15:15) Posted: deadline is 20-Dec-14 (Sat), 5pm.. I have no high hopes on this counter.. :(

 

deadline is 20-Dec-14 (Sat), 5pm.. I have no high hopes on this counter.. :(

 

STATS ChipPAC Receives Top 20 Semiconductor Manufacturing Patent Ranking for Fourth Consecutive Year

 

deadline end this friday...... 

 

$0.452 offer price.... done deal sud be above 50c as not all assets is sold at 45c...

STATS ChipPAC LTD.
(Incorporated in the Republic of Singapore)
(Company Registration Number: 199407932D)
ANNOUNCEMENT
NON-BINDING PROPOSAL FOR ACQUISITION
Proposed Transaction
On 6 November 2014, STATS ChipPAC Ltd. (&ldquo Company&rdquo ) announced that Jiangsu Changjiang
Electronics Technology Co., Ltd. (江 苏 长 电 科 技 股 份 有 限 公 司 ) (&ldquo JCET&rdquo ) has made a non-binding proposal
to acquire all the shares in the Company (&ldquo Shares&rdquo ) (&ldquo Proposed Transaction&rdquo ).
Exclusivity
It was also announced that the Company, Singapore Technologies Semiconductors Pte Ltd (&ldquo STS&rdquo ) and
JCET had agreed to negotiate, on an exclusive basis, the definitive agreement for the Proposed
Transaction up to 5p.m. (Singapore time) on 30 November 2014 or such later date as the Company, STS
and JCET may agree (subject to the prior consent of the Securities Industry Council of Singapore, &ldquo SIC&rdquo ).
Extension
The Company wishes to announce that it, STS and JCET have agreed to extend the exclusivity period to
5p.m. (Singapore time) on 20 December 2014 or such later date as the Company, STS and JCET may
agree (subject to the prior consent of the SIC). This Announcement is made with the approval of JCET.
No Assurance Offer will be made
There is no assurance that the JCET proposal received by the Company will result in any definitive
agreement or transaction. In particular, there can be no certainty that any pre-conditional takeover offer
will be made, or that a takeover offer will be made, even if the pre-conditions to the making of the
takeover offer are satisfied. The Company will make an appropriate announcement in the event that
there are any material developments on this matter. Shareholders of the Company and investors are
therefore advised to exercise caution when dealing in shares in and other securities of the Company.
Responsibility Statement
The Directors of the Company (including any who may have delegated detailed supervision of this
Announcement) have taken all reasonable care to ensure that the facts stated and all opinions expressed
in this Announcement are fair and accurate and that no material facts have been omitted from this
Announcement, and they jointly and severally accept responsibility accordingly.
Where any information has been extracted or reproduced from published or publicly available sources,
the sole responsibility of the Directors of the Company has been to ensure through reasonable enquiries 

 

江 苏 长 电 科 技 股 份 有 限 公 司 重 大 资 产 重 组 进 展 公 告

本 公 司 董 事 会 及 全 体 董 事 保 证 本 公 告 内 容 不 存 在 任 何 虚 假 记 载 、 误 导 性 陈
述 或 者 重 大 遗 漏 ， 并 对 其 内 容 的 真 实 性 、 准 确 性 和 完 整 性 承 担 个 别 及 连 带 责 任 。



本 公 司 因 筹 划 重 大 事 项 ， 股 票 已 于 2014 年 11 月 3 日 起 停 牌 。 2014
年 11 月 7 日 ， 本 公 司 发 布 了 《 江 苏 长 电 科 技 股 份 有 限 公 司 重 大 事 项
进 展 公 告 》 、 《 江 苏 长 电 科 技 股 份 有 限 公 司 重 大 资 产 重 组 停 牌 公 告 》 、
《 江 苏 长 电 科 技 股 份 有 限 公 司 第 五 届 第 二 十 次 临 时 董 事 会 决 议 公
告 》 ； 2014 年 11 月 14 日 、 2014 年 11 月 21 日 、 2014 年 11 月 28 日 、
2014 年 12 月 2 日 公 司 发 布 了 《 江 苏 长 电 科 技 股 份 有 限 公 司 重 大 资 产
重 组 进 展 公 告 》 ； 2014 年 12 月 6 日 ， 公 司 发 布 了 《 江 苏 长 电 科 技 股
份 有 限 公 司 重 大 资 产 重 组 继 续 停 牌 公 告 》 ， 经 申 请 ， 公 司 股 票 于 2014
年 12 月 8 日 起 继 续 停 牌 不 超 过 1 个 月 。

截 至 目 前 ， 本 次 重 大 资 产 重 组 进 展 如 下 ：
一 、 与 目 标 公 司 及 其 控 股 股 东 就 本 次 交 易 进 行 了 多 次 沟 通 。 如 本
公 司 于 2014 年 11 月 28 日 公 告 ， 本 公 司 和 星 科 金 朋 及 其 控 股 股 东
STSPL 经 协 商 达 成 一 致 ， 将 排 他 期 延 长 20 天 。 延 长 后 的 排 他 期 将 在
以 下 时 点 中 较 早 时 点 到 期 ， 1、 本 公 司 以 书 面 形 式 确 认 关 于 收 购 提 议
的 谈 判 停 止 ； 2、 新 加 坡 时 间 2014 年 12 月 20 日 当 日 下 午 5:00 点 。
在 经 有 关 各 方 书 面 同 意 且 获 得 新 加 坡 证 券 业 协 会 同 意 的 情 况 下 ， 上 述
期 间 可 延 长 。
二 、 就 本 次 重 大 资 产 重 组 ， 本 公 司 已 与 独 立 财 务 顾 问 、 法 律 顾 问
等 相 关 中 介 机 构 签 署 了 服 务 协 议 。 截 至 目 前 ， 本 公 司 及 相 关 中 介 机 构
正 积 极 推 进 本 次 重 大 资 产 重 组 涉 及 的 各 项 工 作 。
 三 、 公 司 正 在 积 极 推 动 各 项 工 作 ， 本 次 重 大 资 产 重 组 方 案 尚 在 论
证 和 协 商 过 程 中 ， 有 关 事 项 尚 存 在 不 确 定 性 ， 为 避 免 公 司 股 价 异 常 波
动 ， 切 实 维 护 投 资 者 利 益 ， 公 司 股 票 将 继 续 停 牌 。 停 牌 期 间 公 司 将 根
据 相 关 规 定 及 时 履 行 信 息 披 露 义 务 ， 每 五 个 交 易 日 发 布 一 次 重 大 资 产
重 组 事 项 进 展 情 况 。
特 此 公 告 ！

 

News leak again again and again
....??

ruready      ( Date: 11-Dec-2014 16:35) Posted: Something brewing sudden active

 

I' m utterly disappointed with this stock, no high hopes anymore.. I suppose it' s insider trading coz they are catching some opportunities to earn before the non-binding contract crystallizes on/ard 20-Dec. They' re playing with people' s minds.. I' m prepared to suffer a big loss from this :E What a SANTA year!!

 

Something brewing sudden active

 

Any counter offer??